The Dow Jones Industrial Average is above 20,000. Most sectors are at all-time highs and investors are rejoicing. One sector that has been left behind is retail. In fact, these stock are at 52 week lows, some even at multi-year lows. So how did one sector get left behind and is there any hope? Negative press and a struggle getting retail sales is the culprit. So much talk has been about shoppers going online that no one wants to touch brick and mortar retail outlets like Target (TGT), J.C Penney (JCP), Macy's (M) or Sears Holdings (SHLD). However, based on valuation these stocks are cheap and should be gobbled up by value investors under one condition. If you believe Donald Trump is going to grow the economy and create more jobs, then retail stocks are an obvious buy. Assuming those things happen, retail companies will see an increase in consumer spending. Considering they are trading at rock bottom levels, this actually is a great opportunity. Just remember, it all comes down to if you think Donald Trump is going to make America great again!
Investors buy retail stocks on bullish Donald Trump economy
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